The next Three Seas Summit will be in Bulgaria

Sofia, 2021

Bulgaria will host the Three Seas Initiative, taking on from Estonia the coordination process. The initiative is designed to promote cooperation between 12 European nations and their partners contributing to economic growth and energy security, as well as to boost cohesion and unity in Europe.

Bulgaria will continue further on the ambitious path of releasing the capacity of the Initiative as a genuine tool for regional cooperation and accelerated development of our region through improving the energy, transport and digital connectivity.
Rumen Radev President of the Republic of Bulgaria
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The Three Seas is an initiative of unity

Every year it brings together 12 countries located between the Baltic, Black, and Adriatic seas – Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Austria, Croatia, Romania and Bulgaria.

Objectives

The Three Seas initiative aims to promote cooperation, first and foremost, for the development of infrastructure in the energy, transport, and digital sectors. It targets new investments, economic growth, and energy security.

Three Seas Story

The cornerstone of Three Seas was laid down in 2015. Today, the initiative comprises of an annual summit held at the presidential level, a business forum, and an international investment fund for the financing of infrastructure projects.

Investment Fund

The Three Seas Initiative Investment Fund is a dedicated commercial fund targeting critical infrastructure investment in the region. The fund is advised by Amber Infrastructure Group, an independent specialist international investment manager.

News

The Bulgarian President and the World Bank Country Manager for Bulgaria Met to Discuss the Development Potential of Central and Eastern Europe

Overcoming the socio-economic inequalities between Eastern and Western Europe in the context of the Three Seas Initiative was discussed today by Head of State Rumen Radev during his first meeting with Fabrizio Zarcone, World Bank Country Manager for Bulgaria, the Czech Republic and Slovakia.

President Radev: The Three Seas Initiative is Proving Itself as a Tool for Accelerated Economic and Social Cohesion Between Eastern and Western Europe
The active commitment on behalf of the European Commission will contribute to achieving this goal, stated President Rumen Radev during a meeting at the Presidency with Tsvetan Kyulanov, acting President of the EC Representative Office in Bulgaria.